Productivity, earnings, and profit sharing

An econometric analysis of alternative models

verfasst von

Olaf Hübler

Abstract

The theoretical status of the relationship between productivity, wages, and profit sharing (PS) is poor. Only some alternative hypotheses can be formulated. From these explanations six different econometric models are derived. Using data of the German Socio-Economic Panel the models are estimated and tests and indicators are employed to choose the best model. Our investigation speaks in favour of hybrid simultaneous Tobit models where the level of profit sharing is positively correlated with productivity which induces positive wage effects on the one hand. But on the other hand the level of wages is also relevant to the question whether a firm introduces or decides to continue PS and which amount of PS should be paid.

Organisationseinheit(en)

Wirtschaftswissenschaftliche Fakultät

Typ

Artikel

Journal

Empirical economics

Band

18

Seiten

357-380

Anzahl der Seiten

24

ISSN

0377-7332

Publikationsdatum

06.1993

Publikationsstatus

Veröffentlicht

Peer-reviewed

Ja

ASJC Scopus Sachgebiete

Statistik und Wahrscheinlichkeit, Mathematik (sonstige), Sozialwissenschaften (sonstige), Volkswirtschaftslehre und Ökonometrie

Elektronische Version(en)

https://doi.org/10.1007/BF01205408 (Zugang: Geschlossen)